CESifo DICE Report 2/2016 (Summer): Crowdfunding

Section: Forum – Crowdfunding

Crowdfunding, a new way of financing made possible by the digital revolution, allows raising small amounts of money from a large number of investors. It has experienced rapid growth in recent years, developing into a multi-billion dollar industry worldwide. The growing pool of capital generated by crowdfunding has attracted lively political and regulatory interest. In the 2/2016 issue of the CESifo DICE Report, experts explain the nature of crowdfunding, the opportunities and risks that it offers and different approaches to its regulation.